The Agricultural credit granted 9.3 billion euros of loans au agricultural sector in France in 2022, a trend increasing by 13% compared to 2021. “ It’s a record year, we came close to 10 billion in production, all sectors benefited from it with the exception of poultry and the sector porcine “, congratulates himself Jean-Christophe Roubindirector of the agricultural market of Crédit Agricole SAon September 12 during the traditional press conference of the green bank at Space.
A slight decline observed since this summer
And the year 2023 “ presented itself under very positive auspices », with 4.5 billion euros in allocated credits (up 12.8% over one year), he continues, noting however “ a slight decline in July and August “. With a final quarter expected to decline, 2023 should ultimately be lower than the 2022 record, forecasts the Agricultural credit.
A double-digit increase in investments in agricultural machinery
To return to 2022, the agricultural machinery which remains the first position of‘investment by the farmers represented 4.7 billion euros in loans granted, up 12% compared to 2021.
Increase in investments in all sectors except poultry and pork
Last year, only two sectors saw their investments slow down: poultry (-12%), due to Avian Fluand the pigs (-4%), penalized by the surge inanimal feed.
All others are increasing: +7% in lait+10% in bovins viande+15% in cereals or even +22% in viticultureaccording to Crédit Agricole.
Acceleration of loans granted to Breton farmers in 2023
In Brittany, the results of credits granted to agriculture are a little different, according to Michèle Guibert, general secretary of Crédit agricole in Brittany. 846 million euros in credits were granted to Breton agricultural sector in 2022, up 2.1% compared to 2021, investments mainly driven by the dairy sector (+31%).
In the first half of 2023, Brittany caught up with the national pace with an increase in loans granted by 12.8%, driven by the milk and mixed sectors.
Treasurys have been replenished in Breton breeding
A sign of a recovery in farmers’ finances, thanks to an increase in producer prices having offset the increase in costs, ” we observe a volume of savings held by farmers in Brittany in 2022, up 5% compared to last year. THE treasuries have reconstituted themselves », underlines Michèle Guibert. A phenomenon which accelerates in the first half of 2023 with a further increase in savings of 5.56% in the Breton region.
We observe a volume of savings held by farmers in Brittany increasing by 5%
« If we observe a rapid decline in cheptel bovin with retirements, recognizes Michèle Guibert,The farmers who remain are comforted by the price levels “. However, the general secretary of Crédit agricole de Bretagne is concerned about theinflation which impacts the budget of French households and agricultural sectors of excellence and generates growth in interest rate never seen : ” +4% in one year “. Which could slow down agricultural investments.
2023-09-14 03:18:50
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